Drug Price Control Order: DoP divided over new order to bring Malaysia

  • Drug Price Control Order: DoP divided over new order to bring Malaysia
  • Drug Price Control Order: DoP divided over new order to bring Malaysia
  • Drug Price Control Order: DoP divided over new order to bring Malaysia
  • Does Malaysia have a policy on drug price control?
  • Pharmaceutical pricing has always been a contentious issue around the world. Recently, the Government of Malaysia has proposed for drug price control. This proposal has received backlash from pharmaceutical industry. Therefore in this study, the authors would like to examine the position of various stakeholders on this issue.
  • What are stakeholders' views on the regulation of pharmaceutical pricing in Malaysia?
  • Stakeholders' views on the regulation of pharmaceutical pricing in Malaysia Escalating costs have made the accessibility of drugs one of the biggest challenges faced by the Malaysian government.
  • How can Malaysia improve its drug price transparency?
  • These are several approaches that Malaysia may take to improve its drug pricing transparency. Medicine price transparency is paramount. Malaysia may follow other countries’ examples to improve its medicine price transparency initiatives. The public need to have more involvement on how the drug price was determined.
  • Should pharmaceutical pricing regulations be re-evaluated in Malaysia?
  • High-cost innovative drug [s] will deny a patient access to affordable innovative medicine. As a result, it will lead to financial catas- Policy (re)evaluation. Most key informants highlighted a need to re-evaluate the suitabil- ity of imposing pharmaceutical pricing regulations in the Malaysian context.
  • How will Malaysia's drug pricing reform affect multinational drugmakers?
  • While the proposed pricing reform is set to improve transparency in drug pricing and significantly enhance patient accessibility and affordability, it is expected to create high levels of uncertainty for multinational drugmakers operating in Malaysia.
  • Will Price controls target high-value drugs in Malaysia?
  • Additionally, price controls are likely to target high-value or potentially single-source or originator drugs, as drug prices in Malaysia across mature therapy areas are already, on average, lower than they are in other countries (see Figure 4 on page 5).

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